Parma Duplex: Investment
For Sale
$350,000
Pending
4910 & 4912 Yorkshire Avenue, Parma, OH 44134
MULTI_FAMILY - Parma, OH
Property Size2,240 SF
Lot Size0.10 Acres
Days on Market93
Property Features for 4910 & 4912 Yorkshire Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 5, Basement, Bedroom 1, Laundry Room, Bedroom 3, Bedroom 6
Parking features
Driveway, Garage
Interior features
CeilingFans, EatInKitchen
Exterior features
Balcony
Appliances
Dishwasher, Range, Refrigerator
Lot features
Back Yard, Front Yard
Elementary school district
Parma CSD - 1824
Middle school district
Parma CSD - 1824
High school district
Parma CSD - 1824
Directions
South of State Rd to Yorkshire Rd
Standard status
Pending
APN
447-07-140
Size
2,240 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
14 YORKSHIRE PK 0202 ALL
Tax Annual Amount
6143
Legal Description
14 YORKSHIRE PK 0202 ALL
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
2000
Floors in Building
2
Building materials
AluminumSiding, VinylSiding
Roof type
Shingle, Asphalt
Listing Agency:
RE/MAX Above & Beyond · RE/MAX International
(440) 546-1400
Listed By:
Amanda Manocchio · License #2025002610
(216) 337-3581
Added: May 1
Changed: Jul 28
Last Checked: Aug 1 at 5:06AM
MLS# 5201967
Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex, constructed in 2000, presents an investment opportunity in Parma, Ohio. Recent updates include a new roof and windows installed in 2022, along with new carpeting. Some new appliances have been added, including dishwashers and a refrigerator scheduled for 2025. Fresh interior paint enhances the living spaces. The upper unit has been renovated and includes a private walk-out balcony. The lower unit is currently undergoing renovations, offering customization options. Each unit features 3 bedrooms, a full bath, and an eat-in kitchen. Comfortable and spacious living areas are present in both units, along with a private balcony. Each unit also includes a side of a full, unfinished basement suitable for storage, laundry, or future finishing. The property is located with access to I-480 and is near shopping, healthcare facilities, restaurants, and recreational areas. The lot size is 0.101 acres, and the property size is 2240 square feet.
Key Highlights
- 2000‑built duplex with two units, each offering 3 bedrooms, 1 full bath, eat‑in kitchen, and a private balcony
- Upper unit features a private walk‑out balcony; lower unit also has a private walk‑out balcony and is undergoing renovations
- Recent improvements include new roof (2022), windows (2022), carpet (2022), and fresh interior paint
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.8k | $21.36 |
| − Vacancy | −$3.1k | −$1.39 |
| EGI | $44.7k | $19.97 |
| − OpEx | −$13.4k | −$5.99 |
| NOI | $31.3k | $13.98 |
2,240 SF · lease $21.36/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$447.4K
$391.4K – $521.9K
NOI $31,315 @ 7.0% cap · market cap 8.95%
Second Best
Apartment 5plus
$404.6K
$354.0K – $472.0K
NOI $28,320 @ 7.0% cap · market cap 8.09%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
250
Businesses Nearby
Explore this area
Business Placement
Demographics for 44134, OH
38,845
Population
17,436
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
9.7 sq mi
ZIP Area
4,005
Density / Sq Mi
$67,116
Median Household Income
$43,625
Median Earnings
$1,108
Median Rent
$153,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newer duplex with renovated units and strong investment potential.
Where is this duplex located?
The property is located at 4910 & 4912 Yorkshire Avenue Parma, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 2000‑built duplex with two units, each offering 3 bedrooms, 1 full bath, eat‑in kitchen, and a private balcony; Upper unit features a private walk‑out balcony; lower unit also has a private walk‑out balcony and is undergoing renovations; Recent improvements include new roof (2022), windows (2022), carpet (2022), and fresh interior paint
